Press release
Broadcast Switchers Market: Emergence of advanced technologies and global industry analysis
A remarkable trend among several key players is their effort towards providing services with respect to the arising demand in developing countries. Leading companies adapting this business dynamics and strategies are Sony Electronics Inc., Evertz Microsystems Ltd., and Panasonic Corporation among others. A future outlook of the global broadcast switchers market shows that the companies need to closely monitor the expanding demand from the developing nations where the rising popularity of the using multiscreen platform will propel the sales of 4K, HD, and IP based broadcast switchers.
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Market Growth Down to Switch from Analog to Digital; High Cost Still Remains a Concern
This substantial growth in demand for broadcast switchers is mainly down to the evolution of analog broadcasting to digital broadcasting. The strict ITU regulations along with the increasing awareness of the digital advancements in the broadcasting sector such as quick accessibility, myriad channels, and convenient storage are anticipated to drive the market growth. In addition to this, countries such as Brazil, Russia, Mexico, India, Africa, and Ukraine have made their transition from analog to digital broadcasting and thus contributing significantly to surge the adoption of broadcast switchers in the coming years.
Broadcast switchers require huge investments in equipment which can pose a significant hindrance in the overall market growth. Expensive nature of creating a sound infrastructure with camera control units, light equipment cables, encoders, convertors, and on-field audio recorders will possibly create a major barrier in the development of broadcast switchers market. This rising investment cost on equipment will have an adverse effect on the medium to small-sized businesses. Moreover, cross-platform accessibility of television is also posing a threat in widespread adoption of broadcast switchers across the world.
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Emerging Economies Expected to Surpass Established Nations in Market Share
Numerous countries are now transitioning from analog to digital broadcasting. This transition offers a significant boost to growth opportunities across the broadcast switchers market. This expanding trend switch to digital content in wide untapped markets of developing regions are expected to contribute considerably to the development of the global broadcast switchers market in the coming years. The developing regions are expected to surpass the share of developed economies such as Japan, the U.S. and Western Europe during the forecast period. Moreover, changing television viewing preferences are also expected to create new growth opportunities for broadcast switchers. For instance, there has been a great demand for HD channels, particularly for watching sports, that has led to huge requirement for technological advancements in broadcast switchers.
This review is based on the findings of the report published by TMR, titled “Broadcast Switchers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024.”
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Market Segmentation
Production switchers
Production Switchers Market Analysis, By Product Type
High-End Production Switchers
Mid-End Production Switchers
Low-End Production Switchers
Production Switchers Market Analysis, By Number of Ports
Less than 16 Ports
Between 16 to 40 Ports
More than 40 Ports
Master control switchers
Master Control Switchers Market Analysis, By Product Type
High-End Master Control Switchers
Mid-End Master Control Switchers
Low-End Master Control Switchers
Master Control Switchers Market Analysis, By Number of Ports
Less than 16 Ports
Between 16 to 40 Ports
More than 40 Ports
Routing switchers
Routing Switchers Market Analysis, By Product Type
High-End Routing Switchers
Mid-End Routing Switchers
Low-End Routing Switchers
Routing Switchers Market Analysis, By Number of Ports
Less than 50 Ports
Between 50 to 250 Ports
More than 250 Ports
Broadcast Switchers Market, by Application
Studio production
Production trucks
News production
Sports broadcasting
Post-production
Others
Broadcast Switchers Market, by Type of Ports
Uncompressed IP
Coaxial
Compressed IP
Others
Broadcast Switchers Market, by Video Resolution
4K
1080i
1080p
SD
Broadcast Switchers Market, by Geography
North America
Europe
Asia-Pacific
Rest of the World
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.
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